Earnings Update: Logistea AB (publ) (STO:LOGI B) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
It's been a pretty great week for Logistea AB (publ) (STO:LOGI B) shareholders, with its shares surging 12% to kr14.08 in the week since its latest quarterly results. Logistea reported in line with analyst predictions, delivering revenues of kr327m and statutory earnings per share of kr1.58, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
After the latest results, the five analysts covering Logistea are now predicting revenues of kr1.46b in 2027. If met, this would reflect a meaningful 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to sink 16% to kr1.44 in the same period. In the lead-up to this report, the analysts had been modelling revenues of kr1.39b and earnings per share (EPS) of kr1.38 in 2027. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.
View our latest analysis for Logistea
Despite these upgrades,the analysts have not made any major changes to their price target of kr17.40, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Logistea analyst has a price target of kr19.00 per share, while the most pessimistic values it at kr16.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Logistea's revenue growth is expected to slow, with the forecast 14% annualised growth rate until the end of 2027 being well below the historical 45% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.1% annually. Even after the forecast slowdown in growth, it seems obvious that Logistea is also expected to grow faster than the wider industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Logistea following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at kr17.40, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Logistea. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Logistea analysts - going out to 2028, and you can see them free on our platform here.
You should always think about risks though. Case in point, we've spotted 3 warning signs for Logistea you should be aware of, and 2 of them are potentially serious.
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